RISE COLORADO (EIN 473566342) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

VERONICA PALMER

Phone

7202628736

Tax Period

2024-07-01 to 2025-06-30

RISE COLORADO, founded in 2013, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $2.4M exceeded revenue, resulting in a 39% operating deficit.

Mission

WORK TO EDUCATE, ENGAGE AND EMPOWER LOW INCOME FAMILIES AND FAMILIES OF COLOR TO END EDUCATIONAL INEQUALITY IN OUR PUBLIC SCHOOL SYSTEM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,335,784

Program Service Revenue $5,000

Investment Income $353,722

Other Revenue $0

TOTAL REVENUE $1,694,506

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,676,139

Fundraising Expenses $125,086

Program Expenses $1,743,144

Other Expenses $678,717

TOTAL EXPENSES $2,354,856

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,694,506	$3,272,982	-0.5%
Expenses	$2,354,856	$2,418,129	0.0%
Net Income	$-660,350	$854,853	-1.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

261

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$536,070

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JORGE CASTANEDA	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
ELISA OVERALL	SECRETARY	2.00	Officer Director	$0	$0	$0
MICHELLE CULVER	DIRECTOR	1.00	Director	$0	$0	$0
IDRISSA SIMMONDS-NASTILI	DIRECTOR	1.00	Director	$0	$0	$0
VERONICA PALMER	LEAD EXECUTIVE OFFICER	40.00	Officer	$194,190	$16,470	$210,660
JOCELYN STEPHENS	LEAD STRATEGY OFFICER	40.00	Officer	$165,429	$0	$165,429
TRACI LACHETA	LEAD OPERATING OFFICER	40.00	Officer	$149,103	$10,878	$159,981

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,694,506	$2,354,856	$9,535,642	$-660,350
2024	$3,272,982	$2,418,129	$10,185,276	$854,853
2023	$1,804,610	$2,733,313	$9,344,641	$-928,703
2022	$9,305,738	$2,753,473	$10,396,988	$6,552,265
2021	$3,536,016	$2,606,497	$3,705,249	$929,519
2020	$2,531,887	$1,389,833	$2,926,080	$1,142,054
2018	$615,282	$823,593	$1,078,613	$-208,311

RISE COLORADO